Statement of Consolidated Cash Flows (unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
CASH FROM OPERATIONS
Net income	$ 553	$ 219
Adjustments to reconcile net income to cash from operations:
Provision for depreciation, depletion, and amortization	160	182
Deferred income taxes	(4)	18
Equity earnings, net of dividends	(25)	(11)
Restructuring and other charges, net (D)	125	7
Net loss (gain) from investing activities – asset sales (P)	1	(27)
Net periodic pension benefit cost (K)	14	12
Stock-based compensation	9	8
Other	22	(1)
Changes in assets and liabilities, excluding effects of divestitures and foreign currency translation adjustments:
(Increase) in receivables	(120)	(212)
(Increase) in inventories	(479)	(68)
(Increase) Decrease in prepaid expenses and other current assets	(15)	57
(Decrease) in accounts payable, trade	(81)	(64)
(Decrease) Increase in accrued expenses	(72)	3
(Decrease) in taxes, including income taxes	(42)	(1)
Pension contributions (K)	(4)	(63)
Decrease (Increase) in noncurrent assets	29	(22)
(Decrease) in noncurrent liabilities	(37)	(31)
CASH PROVIDED FROM OPERATIONS	34	6
FINANCING ACTIVITIES
Additions to debt (original maturities greater than three months)		495
Proceeds from the exercise of employee stock options	21	4
Repurchase of common stock	(75)
Dividends paid on Alcoa common stock	(18)
Payments related to tax withholding on stock-based compensation awards	(19)	(1)
Financial contributions for the divestiture of businesses (D)	(3)	(6)
Contributions from noncontrolling interest	46
Distributions to noncontrolling interest	(162)	(62)
Other	1	(2)
CASH (USED FOR) PROVIDED FROM FINANCING ACTIVITIES	(209)	428
INVESTING ACTIVITIES
Capital expenditures	(74)	(75)
Proceeds from the sale of assets	2	591
Additions to investments	(21)	(2)
CASH (USED FOR) PROVIDED FROM INVESTING ACTIVITIES	(93)	514
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	9	(11)
Net change in cash and cash equivalents and restricted cash	(259)	937
Cash and cash equivalents and restricted cash at beginning of year	1,924	1,610
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	$ 1,665	$ 2,547